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Friday, May 15, 2009

The First Quarterly "Report" on the Stimulus Bill Lacks Facts

Vice President Biden submitted his first report to President Obama this week on the implementation of the enormous American Recovery and Reinvestment Act (ARRA).

Boiled down to its most simple form, the report says everything is going perfectly as planned and promised when ARRA was passed, including job creation. However, the report provides no raw data to back up assertions on job creation and even admits that the job creation reporting processes are not even finalized.

How can the Administration know all is on track and performing as promised if they don’t even have the reporting in place yet?

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